SSE (OTCMKTS:SSEZY) Upgraded at Citigroup

SSE (OTCMKTS:SSEZY) was upgraded by investment analysts at Citigroup from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research analysts also recently weighed in on SSEZY. Barclays upgraded shares of SSE to a “strong-buy” rating in a research report on Monday, September 30th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of SSE in a report on Wednesday, October 2nd. They issued a “hold” rating on the stock. Finally, UBS Group raised shares of SSE from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

SSE Stock Up 1.2 %

Shares of SSEZY stock opened at $20.06 on Monday. The business’s fifty day simple moving average is $20.77 and its 200-day simple moving average is $23.32. SSE has a 12-month low of $18.76 and a 12-month high of $27.01.

SSE Company Profile

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.